financial aid Archives - Page 3 of 7

You Shouldn’t Feel Bad About Student Loans

August 31, 2020 Jordan RothmanRepayment Strategies

As discussed on this website in a number of prior articles, student loans were a huge millstone around my neck for much of my 20s. I felt horrible about my student loans and I thought about my debt pretty much every day. I almost thought that I had done something wrong or made bad decisions to have such a student loan burden, and I felt that I had gotten myself into a difficult financial situation… Continue Reading You Shouldn’t Feel Bad About Student Loans

Attending Paralegal School with Student Loans

August 24, 2020 Jordan RothmanChoosing Schools, Saving Money

As many people already know, paralegals are important professionals in the legal arena. Although paralegals are not themselves lawyers, they perform legal tasks under the supervision of attorneys. Since paralegals can earn a respectable amount of money in many markets, individuals may wish to borrow money to attend paralegal school in order to have the best chance at landing a paralegal job. However, attending paralegal school with student loans should only be done in a… Continue Reading Attending Paralegal School with Student Loans

Having Siblings Can Help with Financial Aid

August 17, 2020 Jordan RothmanAdvice for Parents, Choosing Schools

Having Siblings Can Help with Student Loans

As this website has already discussed in several prior articles, many factors are evaluated when determining if a student is eligible for financial aid. For instance, a family’s income and savings is often used to calculate how much money a family can be expected to contribute to a child’s tuition. In addition, the number of children a family has in college at the same time can also impact financial aid determinations. Since families cannot contribute… Continue Reading Having Siblings Can Help with Financial Aid

Avoid Scholarships with Conditions

August 10, 2020August 10, 2020 Jordan RothmanChoosing Schools, Saving Money

Scholarships are available to students who enroll in many undergraduate and graduate school programs. Indeed, college students who participate in athletics, have high test scores, and others who meet different requirements can earn merit aid to attend school. Furthermore, law schools commonly award scholarships to applicants who have impressive records that can boost a law school’s admissions data. However, applicants to various educational programs should try to avoid scholarships with conditions in a variety of… Continue Reading Avoid Scholarships with Conditions

Professionals with the Worst Student Debt Burdens

August 3, 2020August 3, 2020 Jordan RothmanChoosing Schools, Repayment Strategies

Many people believe that if they borrow money to enter a profession, they will be able to earn enough cash to quickly pay off any educational debt. It is true that more-educated individuals typically earn more money, but not everyone in each profession earns an equally high sum of money. In addition, the amount of debt that people borrow to enter certain professions can be extremely challenging for many individuals. In any case, professionals with… Continue Reading Professionals with the Worst Student Debt Burdens

Attending Summer School to Save Money

July 13, 2020 Jordan RothmanChoosing Schools

This website has already discussed some enrollment strategies that can help students minimize the amount of money they spend to attend college. Indeed, individuals can graduate from college early, earn a graduate degree in college, and take other steps to lower their educational expenses. Although it might not be apparent to many, attending summer school to save money is also a viable strategy for numerous college students. One of the ways that attending summer school… Continue Reading Attending Summer School to Save Money

How Much You Should Save in a 529 Plan

June 29, 2020 Jordan RothmanAdvice for Parents

This website has previously discussed how parents can save money in a tax-advantaged 529 account for their kids’ educational expenses. Indeed, a previous article noted how anyone can make a contribution to a 529 account, and this could be a good substitute for giving gifts to a child. Although there are many opinions on the internet about saving goals for 529s, there are a few things you should keep in mind when evaluating how much… Continue Reading How Much You Should Save in a 529 Plan

Tips for Applying for Financial Aid

June 15, 2020 Jordan RothmanChoosing Schools

Financial aid is an important part of lowering education costs and graduating from school with as little student debt as possible. As discussed in several prior articles, I received generous need-based financial aid to attend college and graduate school. Although many people do not qualify for financial aid due to their families’ financial background, financial aid can be a critical lifeline for many students. After reflecting on my own experiences with financial aid, there are… Continue Reading Tips for Applying for Financial Aid

Best College Majors For Student Debt

June 8, 2020 Jordan RothmanChoosing Schools

Students typically have a vast variety of subjects which they can study at many colleges and universities across the country. Although some technical schools focus on teaching science courses, and small liberal arts colleges have a limited range of majors, many universities afford students numerous options with respect to academic pursuits. It is important for students to consider the best college majors for student debt, since some majors may help graduates earn more money and… Continue Reading Best College Majors For Student Debt

Holding off on College Because of COVID-19

May 11, 2020 Jordan RothmanChoosing Schools

The ongoing COVID-19 pandemic has greatly impacted most college and graduate students. Many college campuses are currently closed, and students have been forced to participate in classes online. In addition, numerous schools have adjusted grading policies and other procedures to deal with the ongoing pandemic. Given the current environment, holding off on college because of COVID-19 may be a desirable strategy for many students. I recently read a New York Times article that discussed holding… Continue Reading Holding off on College Because of COVID-19